On January 2018, PT Prabu issued 2,000 shares of common stock with a par value of Rp50,000 to acquire 75% of PT Siliwangi. The fair value of PT Prabu's stock was Rp 75,000/share. At acquisition date, PT Siliwangi has Rp67,000,000 common stocks and Rp74,750,000 retained earnings. At the end of 2018, PT Siliwangi announced net income of Rp53,000,000 and distributed cash dividends for all stockholders for Rp9,000,000. PT Prabu records its investment in PT Siliwangi using equity method. The price paid for the acquisition reflected information below: 1. Undervalued accounts receivables (collected in 2018): Rp2,750,000 2. Overvalued inventories (sold in 2018): Rp5,500,000 3. Undervalued buildings (remaining useful life: 12 years): Rp5,750,000 4. Undervalued land: Rp21,000,000 5. Unrecorded patent (remaining useful life: 7 years): Rp14,000,000 6. Overvalued notes payables (mature at the end of 2021): Rp1,200,000 1 Required: a. Prepare the necessary journal entry to record the acquisition of PT Siliwangi. b. Calculate goodwill or gain from bargain purchase owned by PT Prabu resulted from the acquisition c. Calculate investment income from PT Siliwangi in 2018. d. Calculate ending balance of Investment in PT Siliwangi" account at the end of 2018. On January 2018, PT Prabu issued 2,000 shares of common stock with a par value of Rp50,000 to acquire 75% of PT Siliwangi. The fair value of PT Prabu's stock was Rp 75,000/share. At acquisition date, PT Siliwangi has Rp67,000,000 common stocks and Rp74,750,000 retained earnings. At the end of 2018, PT Siliwangi announced net income of Rp53,000,000 and distributed cash dividends for all stockholders for Rp9,000,000. PT Prabu records its investment in PT Siliwangi using equity method. The price paid for the acquisition reflected information below: 1. Undervalued accounts receivables (collected in 2018): Rp2,750,000 2. Overvalued inventories (sold in 2018): Rp5,500,000 3. Undervalued buildings (remaining useful life: 12 years): Rp5,750,000 4. Undervalued land: Rp21,000,000 5. Unrecorded patent (remaining useful life: 7 years): Rp14,000,000 6. Overvalued notes payables (mature at the end of 2021): Rp1,200,000 1 Required: a. Prepare the necessary journal entry to record the acquisition of PT Siliwangi. b. Calculate goodwill or gain from bargain purchase owned by PT Prabu resulted from the acquisition c. Calculate investment income from PT Siliwangi in 2018. d. Calculate ending balance of Investment in PT Siliwangi" account at the end of 2018